“
During the OPEC oil embargo of the 1970s, oil-producing nations took advantage of the law of supply: since Western nations could do little to reduce demand, the tight control of oil exports led to drastically rising prices at the pump.
”

“
One of the most essential truths of the free market economy is the Law of Supply, the more your product is desired the more effort you must put forward to meet that demand with adequate supply to ensure your business grows.
”